{"data":{"id":"us-nyc/n.y.c.-admin.-code-13-128","jurisdiction":"us-nyc","citation":"N.Y.C. Admin. Code § 13-128","heading":"§ 13-128 Contributions of the city and their use; pension reserve fund.","body":"The pension reserve fund shall be the fund from which shall be paid all pensions, and all pensions-providing-for-increased-take-home-pay, and all benefits in lieu of pensions, and all benefits in lieu of pensions-providing-for-increased-take-home-pay, if any, allowable by the city on account of the city-service of members to whom prior-service is not allowable as provided in this chapter. Should any pension or pension-providing-for-increased-take-home-pay payable from such pension reserve fund be cancelled, the pension reserve or reserve-for-increased-take-home-pay thereon shall thereupon be transferred from the pension reserve fund to the contingent reserve fund. Should any pension or pension-providing-for-increased-take-home-pay payable from such fund be reduced, the amount of the annual reduction in such pension or pension-providing-for-increased-take-home-pay shall be paid annually into the contingent reserve fund during the period of such reduction.","path":["New York City Administrative Code","Title 13","Chapter 1: New York City Employees' Retirement System"],"source_url":"https://files.amlegal.com/pdffiles/NewYorkCity/Admin/XML.zip","current_through":"Local Law 2026/135 (enacted August 31, 2026)","vintage":"","retrieved_at":"2026-09-06T02:48:57Z","sha256":"7889c518229bc6ed1892b1a0db09260c340ccb775912b466f0ff620263d18185","source_id":"us-nyc","stale":false,"prev":"us-nyc/n.y.c.-admin.-code-13-127","next":"us-nyc/n.y.c.-admin.-code-13-129"},"notice":"GroundRules: Original legal text. Not legal advice."}